Common use of ADJUSTMENT OF SUBSCRIPTION RIGHTS Clause in Contracts

ADJUSTMENT OF SUBSCRIPTION RIGHTS. (a) The Exercise Price and the number of Ordinary Shares purchasable upon the exercise of a Agent's Compensation Option shall be subject to adjustment from time to time as set forth in this Article 4 with respect to any fact or event described herein occurring after the Issue Date but prior to the Expiry Time. The adjustments provided for in this Article 4 are cumulative. Notwithstanding anything contained in this Article 4, any adjustment made pursuant to any provision of this Article 4 shall be made without duplication of an adjustment otherwise required by and made pursuant to another provision of this Article 4 on account of the same facts or events. (b) After any adjustment pursuant to this Article 4, the term "Ordinary Shares" where used in this Option Certificate shall, unless the context requires otherwise, be interpreted to mean securities or other property that, as a result of all prior adjustments pursuant to this Article 4, the Optionholder is entitled to receive upon the exercise of a Agent's Compensation Option, and the number of Ordinary Shares indicated in any subscription made pursuant to the exercise of Agent's Compensation Options shall be interpreted to mean the number of such securities or other property which, as a result of all prior adjustments pursuant to this Article, the Optionholder is entitled to receive upon the exercise of Agent's Compensation Options entitling the holder thereof to subscribe for and purchase the number of Ordinary Shares so indicated.

ADJUSTMENT OF SUBSCRIPTION RIGHTS. (a) The Exercise Price and the number of Ordinary Common Shares purchasable upon the exercise of a an Agent's Compensation Option Warrant shall be subject to adjustment from time to time as set forth in this Article 4 with respect to any fact or event described herein occurring after the Issue Date but prior to the Expiry Time. The adjustments provided for in this Article 4 are cumulative. Notwithstanding anything contained in this Article 4, any adjustment made pursuant to any provision of this Article 4 shall be made without duplication of an adjustment otherwise required by and made pursuant to another provision of this Article 4 on account of the same facts or events. (b) After any adjustment pursuant to this Article 4, the term "Ordinary Common Shares" where used in this Option Warrant Certificate shall, unless the context requires otherwise, be interpreted to mean securities or other property that, as a result of all prior adjustments pursuant to this Article 4, the Optionholder Warrantholder is entitled to receive upon the exercise of a Agent's Compensation OptionWarrant, and the number of Ordinary Common Shares indicated in any subscription made pursuant to the exercise of Agent's Compensation Options Warrants shall be interpreted to mean the number of such securities or other property which, as a result of all prior adjustments pursuant to this ArticleSection, the Optionholder Warrantholder is entitled to receive upon the exercise of Agent's Compensation Options Warrants entitling the holder thereof to subscribe for and purchase the number of Ordinary Common Shares so indicated.